1943 steel penny no mint mark sticks to magnet

If it does not stick, the coin might be of copper and should be authenticated by an expert. If it sticks to the magnet, it is not copper.

The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. The highest amount paid for a 1943 copper cent was $82,500 in 1996.īecause of its collector value, the 1943 copper cent has been counterfeited by coating steel cents with copper or by altering the dates of 1945, 1948, and 1949 pennies. 1944 Lincoln wheat cents were made with metal recycled from ammunition shells. You can also send photos once Ive connected you. 1944 marked the return of copper to the Lincoln Wheat Penny coins, though the denomination wasn’t struck with exactly the same composition as in 1942. Experts Assistant: The Antiques Appraiser can help. A subsequent piece sold for $10,000 at an ANA convention in 1981. Experts Assistant: What would you like to learn about the penny Do you know where its from No mint. 60 1943 Steel Wheat Penny No Mint Mark 249. Coin experts speculate that they were struck by accident when copper–alloy 1–cent blanks remained in the press hopper when production began on the new steel pennies.Ī 1943 copper cent was first offered for sale in 1958, bringing more than $40,000. If your 1943 penny does stick to a magnet, its really made from steel and is not rare. If your 1943 penny does stick to a magnet, its really made from steel and is not rare. Nearly all circulating pennies at that time were struck in zinc–coated steel because copper and nickel were needed for the Allied war effort.Īpproximatcopper–alloy cents are known to remain in existence. Value Of 1943 Steel Penny No Mint Mark Very Rare 1943 Steel Penny. The 1942 wheat penny with no mint mark and the 1942 D wheat penny have similar values. According to the American Numismatic Association, the 1943 copper–alloy cent is one of the most idealized and potentially one of the most sought–after items in American numismatics. 1943 Steel Penny and Copper Pennies: History, Values and a.

1943 steel penny no mint mark sticks to magnet